Cameron ready to champion BAE tie-up
If PM is satisfied with outline of the deal, British officials expect he would endorse the merger in a conversation with Obama FT.com – European companies…
Ryanair confident of Aer Lingus approval
Michael O’Leary says that a ‘revolutionary package’ put in front of the European Commission gives the airline a good chance for a takeover FT.com – European companies…
Metso scraps €75m payout after pressure
Finnish forestry company bows to pressure from politicians and workers and scraps €75m dividend FT.com – European companies…
Medvedev challenges rival’s power base
The prime minister calls on cabinet to draw up plans to ‘seize’ 95% of the money sitting in the accounts of Rosneftegaz, whose chair is Sechin FT.com – European companies…
Equity investment woes hit Mediobanca
Sharp drop in net profit as writedowns on equity investments more than double while revenue holds steady at Milanese investment bank FT.com – European companies…
Deutsche Bank offloads unwanted BHF unit
German lender reaches agreement on long-planned sale with RHJI subsidiary Kleinwort Benson set to buy its private banking arm for €384m FT.com – European companies…
Coffee capsule wars to heat up
Starbucks, the US café chain, rolls out its inaugural Verismo machines to compete head-on with Nestlé’s Nespressos in North America and Europe FT.com – European companies…
BAE-EADS deal on summit agenda
The heads of state are due to meet in Ludwigsburg in Germany on Saturday to assess the eurozone crisis but the EADS-BAE deal will also be discussed FT.com – European…
Adoboli manager’s ‘disbelief’ over email
Ron Greenidge, who supervised Kweku Adoboli until April 2011, tells the court his reaction upon seeing the former trader’s email was: ‘this can’t be true’ FT.com – European companies…
Porsche wins test cases over VW takeover
German court dismisses two lawsuits that sought €4.7m in compensation for disgruntled investors unhappy at the way the car marque handled bid FT.com – European companies…
